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Agreed. As a small business (pass through LLC) owner, I'm willing to pay just about any tax that's demanded of me as long as every one of my peers is subject to
by freehunter 9y ago
Agreed. As a small business (pass through LLC) owner, I'm willing to pay just about any tax that's demanded of me as long as every one of my peers is subject to the exact same taxation. If the tax is so high that it puts me out of business, I want to know that every one of my competitors is out of business, too. If the tax is so high it forces me to close my physical shop and go online, I want to know my competitors are all closing their doors too. And if I'm making record profits, hey now I can focus on competing on the merits of my product.
But if I have to shut down while my competitors stay open just because they hired a better CPA? Especially as a small business? That's a problem for me. A much bigger problem than the tax rate being 22% instead of 21%.